Funding you earn now, next payment 04:00 UTC+0.0315%/8h= +34.5% APRpaid last 24h +0.043%
Price spread now: Aster against Orderly−0.023%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Aster is 0.023% cheaper against Orderly than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$9 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NATGAS_USDC_mythos | 3.0100 | 0.0100 | pay 0.0100% / 8h | 4h 23m | $3K | $544 | 10x |
| Short | Aster NATGASUSDT | 3.0093 | 0.0415 | get 0.0207% / 4h | 23m 32s | $266K | $73K | 50x |
Orderly PERP_NATGAS_USDC_mythos
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $66.11
- Price spread: −0.023% → 0.000%
- −$2.26
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $49.85
- Costs to cover
- 0.140%
- Break-even
- 1.7 days
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 33 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 33 min ago | 6.66 bp | 13.9 bp −$14 | 16.5 bp −$165 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NATGAS on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8524 | −5.236% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0122 | +0.073% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0090 | −0.033% | $660K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0102 | +0.007% | $620K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0089 | −0.036% | $110K | $418K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0090 | −0.033% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0106 | +0.020% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0111 | +0.036% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0095 | −0.017% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | 0.000% | $37K | $216K | 50x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NATGAS_USDC_mythoslong | +0.0100% | 8h | 3.0100 | long leg | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 3.0100 | 0.000% | $1.5M | $94K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0110% | 1h | 3.0077 | −0.076% | $6.0M | $5.8M | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0112% | 1h | 3.0091 | −0.030% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDT | +0.0205% | 4h | 3.0090 | −0.033% | $105K | $211K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0352% | 4h | 3.0084 | −0.052% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0358% | 4h | 3.0070 | −0.100% | $1.1M | $1.0M | 20x | as long as short |
| Aster NATGASUSDTshort | +0.0415% | 4h | 3.0093 | −0.023% | $266K | $73K | 50x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0455% / S −0.0395% | 1h | 3.0105 | +0.017% | $92K | — | 45x | as long as short |
| BloFin NG-USDT | +0.0476% | 8h | 3.0090 | −0.033% | $81K | $189K | 20x | as long as short |
| Gate NG_USDT | +0.0481% | 8h | 3.0120 | +0.066% | $1.5M | $193K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0505% | 8h | 3.0080 | −0.066% | $859K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0610% | 4h | 3.0089 | −0.035% | $312K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0629% | 4h | 3.0100 | 0.000% | $10.2M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0634% | 4h | 3.0089 | −0.035% | $85K | $212K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0991% | 1h | 3.0118 | +0.061% | $54K | $33K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1004% | 4h | 3.0050 | −0.166% | $9.9M | $3.3M | 100x | as long as short |
Phemex NGUSDT
tradeXYZ xyz:NATGAS
Hotstuff NATGAS-PERP
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
GMX NATGAS/USD [ETH-USDC]
BloFin NG-USDT
Gate NG_USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT